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SSS, PhilHealth, GSIS top earners among govt agencies in 202

SSS, PhilHealth, GSIS top earners among govt agencies in 202
malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.

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COA: GOCCs incur P691-B losses in 2021

Commission on Audit

Government-owned and controlled corporations (GOCCs) incurred more than P691.7 billion losses in 2021, the Commission on Audit (COA) said in its Annual Financial Report (AFR) submitted to President Ferdinand “Bongbong” Marcos Jr.

The 2021 AFR covered 156 GOCCs. Among th ....

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GSIS top earner, SSS biggest spender in 2020 – COA – Manila Bulletin

The Government Service Insurance System (GSIS) and Social Security System (SSS) topped the list of state-run firms in terms of income for 2020 but both also registered the largest amount of expenditures during the year that the 2019 coronavirus disease (COVID-19) pandemic hit the country, the Commis ....

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Pandemic lowers 2020 income opportunities for GOCCs – COA – Manila Bulletin

Government business enterprises (GBEs) earned P1.268 trillion in 2020 but spent P1.613 trillion, thus, resulting to a P345.11 billion in losses before tax, 2020 Annual Financial Report released by the Commission on Audit has revealed.
Renamed by COA as Commercial Public Sector Entities (CPSE’s), GB ....

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